Everyday the black market dollar, financial dollar and stable coins are going down. More than $100 pesos in 10-14days.
Reasons? Easy af
Milei killed the economy by letting the companies rise the price as they want (not the public transport). For example prepaid health care companies will have a 20% rise the next month, meaning +100% in 3 months. We had a god devaluation, 41,1% official inflation in 2 months and the salary didn't rised that much this month (we lost December and January).
So the people have to sell their dollar savings to survive, not live. This is the reason of the falling knife.
This is milei's plan, talk lies about the dolarización of the argentinian economy so people will sell the black market dollar cause it's more expensive than the official dollar, this way the central bank can buy cheap af dollars meaning miles is scamming people so he can take our wealth to pay his party.
My pov?
I will let the black market dollar go down to 1k pesos and buy cause I know we will have worst days in th near future.
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20 sats \ 1 reply \ @justanumber 16 Feb
Sounds like a nightmare mate! Sorry :(
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0 sats \ 0 replies \ @NotGuiltyThisTime OP 16 Feb
I need to let the knife fall and buy cheap Dollars. If I can't change the reality I will take advantage of it. Of course stables to buy more SATs in case of a god red candle.
Thanks for your words
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